Mike Maharrey
Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.
Articles by Mike Maharrey
The budget deficit continues to balloon, with the Q1 2025 budget shortfall running 39.4 percent higher than the same period in fiscal 2024.The Biden administration ran an $86.7 billion budget deficit in December, according to the latest...
President Donald Trump hasn’t even been sworn into office yet and he’s already locking horns with Federal Reserve Chairman Jerome Powell.During the December Fed meeting, Powell & Company indicated that the pace of interest rate cuts...
Based on preliminary data, the silver market ran its fourth consecutive record market deficit last year.This was one of several silver-related stories highlighted in the latest issue of the Silver Institute’s Silver News.Record...
With American consumers using credit cards to make ends meet month after month, and interest rates well over 20 percent, it’s only a matter of time before the spending spree comes to an end. After all, credit cards have this inconvenient...
Treasury yields are rising even as the Federal Reserve cuts interest rates.This is a big problem for Uncle Sam, who is already struggling to pay for its borrow-and-spend addiction.The central bank has dropped interest rates by 100 basis...
It’s the Friday before Christmas, and as my gift to you, I’m going to wreck one of your childhood holiday memories.Yes. I am a grownup. But I still love Christmas specials. Snoopy decorating his doghouse. The Grinch folding up the...
Daddy poured more punch into the punch bowl even as he threatened to cool the party down. Whether Papa Powell follows through on the threat remains to be seen.The Federal Reserve delivered another interest rate cut at its December meeting...
The stock market and the economy have been generally kind to the Boomer generation. But Rich Dad Poor Dad author Robert Kiyosaki has a warning. "BOOMERS are SOL: When stock market bursts…BOOMERS will be BIGGEST...
Through the first two months of fiscal 2025, the Biden administration managed to run a $624.21 billion budget. It's the biggest shortfall to start a year on record. The November deficit came in at $366.76 billion, according to...
After two months of keeping their credit cards in their wallets, American consumers pulled out the plastic again in October.A surge in card spending drove consumer debt higher by $19.2 billion, a 4.5 percent increase, according to the...
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